Sun Corporation Provides Dividend Guidance for Fiscal Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
The company announced consolidated earnings results for the six months ended September 2019. For the period, the group reported net sales of JPY 12,130 million, operating loss of JPY 1,740 million and loss attributable to owners of parent was JPY 1,497 million or JPY 66.33 basic per share compared to net sales of JPY 12,194 million, operating loss of JPY 184 million and profit attributable to owners of parent of JPY 392 million or JPY 17.41 basic per share reported in the same period last year.
The company provided earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales in the range of JPY 28,800 million to JPY 27,500 million, operating loss of JPY 600 million to JPY 1,100 million and loss attributable to owners of parent was JPY 1,270 million to JPY -1,770 million or JPY 56.23 to JPY 78.37 basic per share.